Should you buy EV battery stocks?

Investors don't have to pick a winning automaker -- they can buy shares of battery stocks instead. The range of options in EV battery stocks goes from pre-revenue to one of the world's biggest automakers. The automotive industry is going electric. Every major automaker is actively developing or already selling electric vehicles (EVs).

Who makes EV batteries?

Contemporary Amperex Technology Co., Limited (SZ:300750), more popularly known as CATL, is a Ningde, China-based battery manufacturer specializing in manufacturing lithium-ion EV batteries. The company is set to become the biggest seller of EVs and hybrid batteries this year.

What are the best EV battery stocks?

Microvast Holdings, Inc. (NASDAQ:MVST), American Lithium Corp. (NASDAQ:AMLI), and Amprius Technologies, Inc. (NYSE:AMPX), are some of the most promising EV battery stocks according to analysts besides Enovix Corporation (NASDAQ:ENVX).